Category Archives: Collapse of Society
Shooting at Sarajevo… obviously, a collective delusion constructed by ‘The Turks’!?
Statement: The accused, Radovan Karadzic, knew throughout the course of the 44-month siege that his forces were shelling and sniping at civilians and creating conditions of terror for the citizens of Sarajevo. Eduard Limonov, now of “Other Russia” opposition, seen here on the hills above Sarajevo, next to war criminal Radovan Karadzic. Limonov, now an [...]
SimoleonSense Reviews Mobs, Messiahs, & Markets
I’ve been meaning to blog about this book for awhile – the time has come. Judging by the cover and existing reviews, I thought this book would be a typical collection of financial manias and panics. Fortunately, I got more than I bargained for; the book I would argue is written exclusively for contrarians and [...]
Is Honesty A Conscious Decision?
The fellows over at The Situationist blog have found another interesting read (via Seed Magazine). This article is about honesty & whether being honest is a conscious decision. I think the scientists behind these experiments need to add more participants to future studies. I suggest the following opposing participants; Buffett & Madoff. Click Here To [...]
Less Is More: Accuracy vs Prediction In Modeling
Interesting paper on the trade offs between accuracy and precision in modeling (think excel)! Click Here To Download Less Is More: Accuracy vs Prediction In Modeling Introduction (By Susan Bachman, Coral Pipeline, & Marry Goodreau Stoner Associates Inc) As computers have increased in speed and capacity, pipeline modeling software has kept pace. Modelers can simulate [...]
Give Reform A Bit Of A Nudge (a la Thaler)
A nice fellow implores the Australian Government to use “nudge” oriented reforms. Click Here To Read: Give Reform A Bit Of A Nudge (a la Thaler) Excerpt (Via Andrew Leigh) In Nudge: Improving Decisions About Health, Wealth and Happiness, Chicago University academics Richard Thaler and Cass Sunstein argue that economists and politicians have overestimated the [...]
[Oh No!] Five Myths About Our Land of Opportunity
I wonder what Buffett would think about this….Makes me think of the Ovarian Lottery Click Here For An Expanded Version of 5 Myths About Our Land Of Opportunity Introduction (Via Brookings) Americans have always believed that their country is unique in providing the opportunity to get ahead. Just combine hard work with a bit of [...]
Jim Chanos Presentation: Ten Lessons from the Financial Crisis that investors will soon forget
A big thanks to Guru Focus & My Investing Notebook for finding this.